INCOME PER COMMON SHARE

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

INCOME PER COMMON SHARE

17. INCOME PER COMMON SHARE

The following table is a summary of the reconciliation of weighted average shares outstanding for the years ended December 31:

	2021		2020		2019
Net income	$	6,744,865	$	6,460,631	$	7,318,433
Weighted average shares outstanding		5,531,518		5,526,948		5,522,025
Effect of dilutive shares		148,964		151,595		66,065
Weighted average shares outstanding - diluted		5,680,482		5,678,543		5,588,090
Earnings per share - basic	$	1.22	$	1.17	$	1.33
Earnings per share - diluted	$	1.19	$	1.14	$	1.31